Chemical Tankers Market – Industry Analysis and Forecast (2017-2026) _ by Product Type (Organic Chemicals, Vegetable Oils & Fats, Inorganic Chemicals and Others), by Fleet Type (IMO 1, IMO 2 and IMO 3), by Tanker Size (Inland Chemical Tankers, Deep-Sea and Coastal ), by Fleet Material (Coated and Stainless Steel), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America).
It is a type of tanker ship used to transport any chemicals in bulk. The major hazards associated with the safe transportation of liquid chemical cargoes in bulk is related to cargo compatibility, toxicity and flammability. The range of chemicals shipped in bulk has increased extremely in modern days and a special class of ships has been designed and developed to meet the current needs.
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Is expected to reach USD 34.22 Billion by 2024 from USD 25.32 Billion in 2016 at a CAGR of 4.4 %.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the product type, fleet type, tanker size, fleet material, and geography to assist in strategic business planning.
The vegetable oils & fats segment is expected to witness significant market growth:
The growth of this segment is attributed to the rising awareness about the health benefits resulting from the consumption of vegetable oils & fats.
Asia Pacific is expected to hold the largest shares of the market during the forecast period:
The growth is attributed to the growth of chemical industry and rising demand for oilseeds or vegetable oils & fats in this region.
Scope of the Report:
Chemical Tankers Market, By Product Type: Organic Chemicals, Vegetable Oils & Fats, Inorganic Chemicals and Others
By Fleet Type: IMO 1, IMO 2 and IMO 3
By Tanker Size: Inlan, Deep-Sea and Coastal
By Fleet Material: Coated and Stainless Steel, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
marketplace is growing with the presence of major companies holding a large market share.
Some of them operating in the market are given underneath:
• Nordic Tankers A/S
• Mol Chemical Tankers Pte. Ltd.
• Wilmar International Ltd.
• Team Tankers International Ltd.
• MISC Berhad
• Iino Kaiun Kaisha, Ltd.
• Laurine Maritime
• Stena Bulk
• Aurora Tankers Management Pte. Ltd.
• Maersk Tankers